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re: Excluding home equity, the median 40-44 year old has a net worth of just $58,000
Posted on 1/8/24 at 7:17 pm to stout
Posted on 1/8/24 at 7:17 pm to stout
quote:
If people sold that asset would they have to spend all of their equity from it to buy another house or just choose to be homeless?
I kind of agree that home equity skews net worth and most people will never use any of it other than for loans to pay off remodels or other debt
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